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Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON) Watch here

Michael Masterman introduces Saffron Energy to London AIM Market (LON: SRON)


Edenville Share Chat (EDL)



Share Price: 0.85Bid: 0.82Ask: 0.84Change: 0.00 (0.00%)No Movement on Edenville
Spread: 0.02Spread as %: 2.44%Open: 0.85High: 0.85Low: 0.83Yesterday’s Close: 0.85


Share Discussion for Edenville


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norrab1
Posts: 2,492
Off Topic
Opinion:No Opinion
Price:0.85
RE: Rufus
Sat 22:10
"It appears that the General Meeting has been convened for the purpose of voting 'quickly' on issues related to the wash-plant and anything else that needs a vote ..."
Such as flooding the market with another 600million+ shares, I suggest you tell the whole facts pal, (Read the RNS's!)
 
aerial
Posts: 7,284
Premium Chat Member
Observation
Opinion:Strong Buy
Price:0.85
RE: Rufus
Sat 20:48
Not sure it works that way Bright

It appears that the General Meeting has been convened for the purpose of voting 'quickly' on issues related to the wash-plant and anything else that needs a vote ...

The AGM is a legal requirement, and is a meeting of the general membership of an organisation. Having attended AGM's including Edenville's much of what is covered is that annual general stuff, and I think I am correct in saying it's not the time or place that they would make an announcement, as only those there initially would be aware of it.

I do know that Rufus (and previously Sally et al.) are the concerned about the SP and commented on the fact as the SP went down on the day myself and Merlin attended. (wasn't our fault).....ha

No matter how much you are earning the company SP is a sign of success, and apart from money egos are at stake.

With regard to the comments about the bod not owning shares I think it's a bit naive to think where large amounts
of money are involved that everyone in and related to the company is not absolutely loaded to the eyeballs!!

All imvho dyor

Myself and Merlin intend going to the AGM and it would be nice to meet some of the other members and let them have their say!
aerial
Posts: 7,284
Premium Chat Member
Answer
Opinion:Strong Buy
Price:0.85
RE: Aerial
Sat 20:13
Nice job if you can get it!

I really don't have a problem with that as long as this multi bags at some stage. Then everyone
will forget (well I can name 6 or 7 that won't forget) and be singing Rufus's praises!
brightspark
Posts: 1,172
Off Topic
Opinion:No Opinion
Price:0.85
Rufus
Sat 19:49
Imo would love to hold this general meeting after maybe some positive news , but if that is indeed the case then it will back fire as positive news would mean a higher share price which in turn would make the mates rate placing coming up at 0.80 look even worse !
SKINNER777
Posts: 2,519
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.85
RE: Aerial
Sat 18:03
One with a geologist at its head whose sole purpose is to maintain his position and related salary....what kind of businessman puts such a comment in an RNS....
aerial
Posts: 7,284
Premium Chat Member
Observation
Opinion:Strong Buy
Price:0.85
Unlike many, personally,
Sat 17:09
and although I follow the process/progress very closely (as I said yesterday) I don't do conspiracy theories or try to read between the lines.

Having meet RS and the rest of the Edenville bod I tend to take everything we are led to believe by the company as the truth. Most of what we know is verified by the undertaken and completed requirements all verifiable by MEM. I also don't believe that Edenville are able, or would knowingly lie in their RNS's.

So, if everything is true then we are moving along nicely. If however it's all a mirage or figment of someone's imagination then we are all doomed!

Everything currently indicates that much will happen in the next 3 or 4 months, and much more will continue to fall into place over the next year or more.

The thing that most forget is that until we have revenue we are still principally a prospecting company. This is a Anglo Tanzanian project proceeding at Tanzanian pace.

Like everyone invested I am feed up to the back teeth with the drag on the sp, but know and understand that we are in a better place now than ever before, and closer to much of what we have been waiting for.

Out of nothing the company found coal, and have continued to progress to date. This really seems/appears to be coming together, and is up picking up some momentum.

I personally am happier in than out. So much so I added to my holding recently. You have to be in it to win it!

All imo dyor gla
john121
Posts: 693
Off Topic
Opinion:No Opinion
Price:0.85
John...
Sat 11:32
I understand what you are saying.. is coal not found is same way as oil? Coal generally found in seams!
john_z_doe
Posts: 737
Off Topic
Opinion:No Opinion
Price:0.85
Don't want to be a nere say....
Sat 10:37
I heard a story about Texaco Oil, where they drilled a test well and hit it big time. They came to the conclusion of how big a oil reserve they had hit and commissioned 4 more oil rigs and on receipt started drill 4 more wells an appropriate distance from the first well. They drilled far further than the first well and did not hit any oil. Why, well they came to the conclusion that the shape of the oil reserve was like a mountain shape and the first well had been the top of the mountain and the other 4 were placed about the base of where the bottom of the mountain would have been.

So the moral is be thankful for what you have and don't count your chickens etc... So all we know is that EDL has 173MT of coal and there may not be any more coal in the larger area.

Like everyone else I want there to be more coal but just in case..... I will settle for the 173MT....
dealer55
Posts: 1,069
Off Topic
Opinion:No Opinion
Price:0.85
RE: Aerial
Sat 10:23
Appreciate the reply. Even if they think it may break even you won't say so at this stage. Very strange though as I said I read on here not first hand.
john121
Posts: 693
Off Topic
Opinion:No Opinion
Price:0.85
christo good question
Sat 10:15
This Aim market for you!! I do wonder the same sometimes!! But I believe this disparity will soon equal/better than kibo..
Like you have mentioned 100% more coal 171mt and dont forget the resource is potentially 7 times bigger.. so we are talking of near billion tonne! Coal mining licence already! With the recent news flow are more expected this will head only one way in anticipation of coal purchasing parties!! This is under the radar imo and will very soon be picked up by the market..... gla




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